Its Cabinet voted in favour of the strategy, which sets out the vision of the council’s plans for the future of housing.

In a statement, the council said many of the changes “will give tenants, leaseholders and private renters more control and more protections”.

It will have a three-pronged approach to:

Regenerate the borough and increase the amount of affordable housing on offer

Meet both housing need and aspiration in the borough, with the aim of ensuring all sections of the community have more of an opportunity to live in decent, genuinely affordable homes

Improve housing services for all – including improvements to the private rented sector by reducing long-term empty homes and prosecuting rogue landlords

As part of plans, the council says it has secured more than £50m in extra funds through a series of renegotiations on pre-existing property deals, with the bulk of the money earmarked on delivering 231 new affordable homes.

It is also hearing the opinions of tenants and leaseholders on its housing stock after setting up a Residents’ Commission on Council Housing.

“Our new strategy is a revolution in the way the council approaches housing locally,” said Cllr Lisa Homan, cabinet member for housing at Hammersmith & Fulham Council.

“We are confident that we now have a strategy to create lasting and positive change for residents across the borough, regardless of their income or age.”

In addition, the council's Residents’ Commission on Council Housing has begun discussions with tenants and leaseholders on the future of the council’s housing stock.

Cllr Homan added: “The new residents’ commission is a statement of our intent to help look at giving local tenants and leaseholders more control over their neighbourhoods.”

The council will now actively lobby the Mayor of London and Government for more resources and choice in affordable housing to maximise affordable housing in the borough.

The local authority says its strategy was widely backed by residents during a public consultation.